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New facility smaller than the original but 20% larger than the launch amount
In Europe loans are the key to opening ancillary business while in the Middle East relationships should cap premiums
Market stress so far confined to consumer credit and SMEs across region
Tighter margin loan a 'sign of things to come' for infrastructure lending
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National Bank of Abu Dhabi (NBAD) has reaffirmed its Indian ambitions with the purchase of the Royal Bank of Scotland’s portfolio of offshore loans to the country’s corporates. -
CDB Leasing has approached lenders for a $300m fundraising, marking its second outing in the loan market this year.
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Singapore-based agricultural products supplier Olam International has raised a $1bn loan from a group of 19 lenders.
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Italy based construction company Saipem has signed an agreement with seven banks in a €6.7bn refinancing which will secure the firm an investment grade rating.
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Ethypharm – Nestle – CEZ – Tofas
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ING is awaiting commitments from Gategroup’s relationship banks for a €250m facility it underwrote last week, according to a banker on the deal.
